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Crude Oil

Saudi Energy Minister Stresses the Importance of Oil Security

The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman.

Electric Car

COP27: U.S. In Talks With EU on Electric Car Tax Credits

The United States is listening to the concerns of European counterparts about the trade tensions triggered by the Biden administration's clean vehicle subsidies…

Hydrogen Production

New Approaches to Create Hydrogen Energy From Biomass Feedstocks

An engineering group believes in the integrated promise of two paths to carbon-neutral power: biomass and hydrogen.

Wind Power Project

UAE’s Masdar Signs on 10GW Wind Project in Egypt

Renewable energy company Masdar, renewable energy developer Infinity Power and Hassan Allam Utilities have signed a Memorandum of Understanding (MoU) to develop…

Uniper Uses Hydrogen Unit to Power Gas Plant During Outage

For the first time, Uniper has used green hydrogen to power a planned outage at one of its gas-fired plants.

Hydrogen Project

Uniper Partners With NewMed Energy on LNG and Hydrogen to Minimise Energy Crisis

German energy company Uniper and Israel’s NewMed Energy will explore ways of collaborating on the supply of liquefied natural gas (LNG) in the short and long t…

Energy Transition

Spain's Iberdrola to Invest $47 Bln in Energy Transition in 2023-25

Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two year…

Natural Gas

Eni Can Double Italian Gas Production in 30-36 Months, CEO Says

In the next two and a half to three years Eni could almost double its gas production in Italy, the energy group's CEO said on Wednesday.

LNG

EU Risks 30 Bcm Gas Shortage in 2023 Storage Filling Season - Von Der Leyen

The European Union risks falling short of some 30 billion cubic metres (bcm) of gas during the next storage filling season in 2023.

Net Zero Emission

The Biofuel Boom Needs Greater Oversight

Biofuel has incredible potential to reduce the world’s reliance on fossil fuels.

Carbon Emissions

U.S. and EU to Crack down on Fossil Fuel Sector’s Methane Emissions

The United States and the European Union will unveil an agreement targeting methane emissions within the fossil fuel industry.

Crude Oil

UK’s Market-Defying North Sea Oil IPO Falls Flat

After braving high-level market volatility in Britain’s biggest IPO of the year, North Sea oil and gas producer Ithaca Energy warned that any further boost to …

Ammonia

ABS Green-Lights Cosco’s Ammonia-Fueled Vessel Design

COSCO Shipping Heavy Industry Co. and COSCO Shipping Heavy Industry Technology have won two approvals in principle from ABS classification society for their amm…

Mauritania

Bp and Mauritania to Explore Green Hydrogen at Scale

bp has signed a memorandum of understanding (MoU) with the Government of Mauritania.

OPEC

Iraq's October Oil Output in Line With OPEC+ Quota, SOMO Data Show

Iraq produced 4.651 million barrels per day (bpd) of crude in October, down by 11,000 bpd from September.